Credit Suisse Unveils Plans To Raise $6.3 Billion Fresh Capital – ValueWalk Premium
Credit Suisse stock

Credit Suisse Unveils Plans To Raise $6.3 Billion Fresh Capital

Credit Suisse announced plans on Wednesday to raise SFr6.05 billion ($6.3 billion) fresh capital and cut costs, as the Swiss bank recently delivered a disappointing set of quarterly results.

The bank also announced that it would restructure its investment bank significantly to trim the amount of capital allocated to the business.

Credit Suisse to launch $6.3billion fresh capital issue
The Zurich-based bank

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